Jim Cramer Revealed His Big AI Investing Fear & Discussed These 20 Stocks

Page 14 of 14

6. DraftKings Inc. (NASDAQ:DKNG)

Number of Hedge Fund Holdings in Q4 2025: 72

Sports betting platform DraftKings Inc. (NASDAQ:DKNG)’s shares are down by 34% over the past year and by 30% year-to-date. Argus cut the firm’s rating to Hold from Buy on March 12th as it discussed several factors, such as customer acquisition costs and market share. Argus warned that DraftKings Inc. (NASDAQ:DKNG) appeared to be facing high acquisition costs and added that it was also losing market share in the US iGaming market. The coverage came after Benchmark had reiterated a Buy rating and a $29 share price target for DraftKings Inc. (NASDAQ:DKNG) on March 3rd as it discussed the firm’s platform monetization. Bernstein reiterated an Outperform rating and raised the share price target to $30 from $28 on the 5th.  Tehe financial firm outlined that DraftKings Inc. (NASDAQ:DKNG) could grow its market share by expanding into previously untapped regions. Cramer commented on the recent earnings report and the firm’s CEO’s remarks:

“Look when I had Jason on, we’re talking about Jason Robins the CEO. . .this was the house doing well, talking about the prediction markets doing well, this was quite a break, say, from Flutter. That was something, wasn’t it?”

While we acknowledge the potential of DKNG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DKNG and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see Jim Cramer Revealed His Big AI Investing Fear & Discussed These 5 Stocks.

Disclosure: None. Follow Insider Monkey on Google News.

Page 14 of 14